Forex Trading Library

USDJPY 2017-12-07

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As we advised early this week and as we see over our previous chart

 USDJPY facing Intraday resistance at 113.20-30 where as long as market holding below another drop wave toward 111.50 will be expected

Market managed to retreate toward 112.00 so far

Above 113.30 more advance toward 114.30-40 zone is expected

Below 110.85 market may head for farther drop wave toward 109.50 zone

  Support Resistance
Level 1 112.00 112.85
Level 2 111.40-50 113.30
Level 3 110.85 114.30
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